81, WHEATLANDS, FAREHAM, PO14 4SU - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

81 WHEATLANDS is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £425,000 in December 2021, which was around 20% below the average December 2021 detached price in the Fareham local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

81 WHEATLANDS Sold Prices

Land registry data shows five sales for 81 WHEATLANDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 81 WHEATLANDS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 16 DEC	£425,000	£533,478	20% below HPI
2005 20 MAY	£230,500	£280,334	18% below HPI
2002 9 AUG	£183,500	£230,295	20% below HPI
2000 19 DEC	£135,000	£176,743	24% below HPI
1995 29 SEP	£80,000	£101,524	21% below HPI

81 WHEATLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The five 81 WHEATLANDS sales between September 1995 and December 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 81 WHEATLANDS?

81 WHEATLANDS is 77m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 81 WHEATLANDS lies on this distribution: 7% of detached houses are smaller than 81 WHEATLANDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

81 WHEATLANDS: Plot and Title Map

81 WHEATLANDS sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 81 WHEATLANDS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 81 WHEATLANDS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 81 WHEATLANDS?

81 WHEATLANDS is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 81 on WHEATLANDS.